Altcoin Momentum Lifts BONK, Up 19% on the Day

BONK Rallies Nearly 20% as Altcoin Momentum Builds

BONK surged by 19.6% on Thursday, reaching an intraday high of $0.00004022, as traders poured into altcoins amid a broader shift toward risk-on sentiment in the crypto market. The Solana-based memecoin outperformed as capital rotated into high-beta assets following a dip in Bitcoin dominance.

The token broke above recent resistance to post a multi-month high, maintaining strong support at $0.00003319. BONK’s structure has turned increasingly bullish, with a clear pattern of higher lows and breakout volume to match.

Trading activity surged, with more than 6.67 trillion BONK exchanged in the last 24 hours—valued at over $247 million, according to CoinDesk Research. The volume spike reinforces the strength of the move and signals sustained investor interest.

The rally comes alongside gains across the Solana ecosystem. Tokens like WIF and JITO posted double-digit increases, while Ethereum Layer 2 names such as OP and ARB also moved higher. Meme coins in particular saw renewed attention, helped by easing gas fees and improving market sentiment.

BONK’s inclusion on Grayscale’s Q3 2025 watchlist added fuel to the rally, hinting at rising institutional curiosity about community-driven digital assets.

With prices now holding above the $0.000040 mark, traders are eyeing the $0.00004676–$0.00005000 range as the next test. As volume holds steady and altcoin momentum continues, BONK appears well-positioned for further upside.

Market Snapshot:

• Price: $0.00004375
• 24h Change: +12% (from $0.00003337 to $0.00003735)
• Daily Range: $0.00003319 – $0.00004022 (32% swing)
• Volume: $247.11M (6.67 trillion tokens)
• Next Resistance: $0.00004676–$0.00005000
• Catalyst: Altcoin rotation, Grayscale watchlist inclusion

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